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Increased Transparency in Campaign Finance and Foreign Influence

This act aims to increase transparency in election campaign financing and political activities, especially regarding spending by corporations, labor organizations, and Super PACs. It introduces new rules for disclosing money sources, enabling citizens to better understand who influences elections and judicial nominations. This is intended to combat hidden influences and ensure more informed electoral decisions.
Key points
New disclosure rules for donors to organizations spending on political campaigns, including election ads and digital communications.
Prohibition on concealing foreign influence in elections, including referendums and local initiatives, with penalties for creating entities to hide such activities.
Requirement to disclose funding sources for advertisements related to federal judicial nominations, so citizens know who is trying to influence the judiciary.
Introduction of the "Stand by every ad" rule, requiring political ads to include information about who paid for them and their top funders.
Streamlining judicial procedures related to campaign finance laws to expedite dispute resolution.
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VOTING RESULTS
2022-09-22
50%
For 49
Against 49
Abstain 0
Full voting results open_in_new
Failed
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4822
Sponsor: Sen. Whitehouse, Sheldon [D-RI]
Process start date: 2022-09-13
Voting date: 2022-09-22
Meeting no: 2
Voting no: 346